Provide Better Value
Members shall constantly seek to provide better value so people may know and enjoy the benefits of homeownership or rental living.
Boston REIA Member Standards
Code of Ethics
Our members and vendors are expected to conduct business honestly, responsibly, fairly, and in accordance with applicable laws.
Our commitment
Responsible Real Estate Investing
Boston Real Estate Investors Association follows a code of ethics consistent with the standards of the National Real Estate Investors Association. Members are expected to be civic-minded and to operate with honesty and integrity.
We believe Boston REIA should be synonymous with competence, responsible business practices, fair dealing, and respect for the communities our members serve.
Section 1
Standards for Association Members
All Boston REIA members agree to observe and be bound by the following standards.
Share Knowledge Responsibly
Members shall contribute their knowledge in providing housing and management in the best interests of those they serve.
Communicate Honestly
Members shall not obtain business through fraudulent statements or implications that are not warranted by fact or reasonable probability.
Follow Applicable Laws
Members shall comply in spirit and letter with laws, rules, and agency requirements concerning the health, safety, and progress of the community.
Protect the Industry
Members shall not perform or cause any act that would bring any part of the housing-provider industry into disrepute.
Protect the Association
Members shall not perform or cause any act that would reflect negatively on or bring Boston REIA into disrepute.
Deal Fairly With Other Members
Members shall conduct business with one another honestly and with integrity and shall avoid transactions that could damage another member, the industry, or the Association.
Uphold Fair Housing
Members acknowledge Boston REIA’s support of Fair Housing and pledge to comply with all applicable federal, state, and local fair-housing laws.
Equal housing opportunity
Fair Housing Matters
Housing must not be advertised, offered, rented, sold, or managed in violation of protected-class and fair-housing requirements. Members and vendors are responsible for understanding and following the laws that apply to their activities.
Section 2
Standards for Association Vendors
Businesses serving Boston REIA members are also expected to meet clear standards of honesty, legal compliance, and professional conduct.
Truthful Business Practices
Vendors shall not obtain business by fraudulent statements or implications that are not supported by fact or reasonable probability.
Legal Compliance
Vendors shall comply in spirit and letter with applicable laws, regulations, and agency requirements concerning community health and safety.
Professional Conduct
Vendors shall not perform or cause any act that would bring the housing-provider industry into disrepute.
Integrity With Members
Vendors shall conduct business with Association members honestly and shall avoid transactions that could bring Boston REIA into disrepute.
Respect Other Businesses
Vendors shall not conduct business in a manner that could improperly damage a member’s business or the business of another vendor.
Fair Housing Support
Vendors acknowledge Boston REIA’s support of Fair Housing and pledge to uphold all fair-housing laws applicable to their services.
Accountability
Membership and Complaint Review
By becoming a Boston REIA member, each member pledges to conduct business in accordance with this Code of Ethics. Boston REIA reserves the right to review complaints from members, property owners, residents, or other affected parties and may revoke membership when it determines that action is appropriate.
Written and signed allegations of conduct considered detrimental to the purposes and interests of Boston REIA may be reviewed by management. If further action is considered, the accused party may be provided with the allegation and given an appropriate opportunity to respond before a decision is made.
Code of Ethics revised April 2014